Sign In

Tips to trim the cost of your car insurance

​​This festive season, did you bring home your very first car! Have you insured it? If not, then probably you might be still looking for car insurance quotes to make the best deal.
 
If you are young, then while looking for the right car insurance policy for your new vehicle, you would have come across some really expensive car insurance premiums, for young drivers. Well, probably by taking a note of the rise in count of road accidents of young drivers you may realize why insurance premiums are so sky rocketing. Well, does that mean there are no affordable car insurance quote for young drivers?
 
The answer may be probably yes. However, there are ways to cut down the cost of car insurance in your initial years of driving experience.
 
1. Earn a no-claims discount:
Statistics state that in general at least one out of five young drivers meets with an accident during first year of driving. By avoiding unnecessary speed limit, rash driving and by following the road rules, you will only lessen the chances of getting in an accident. Thus, if there are no accidents, you won't claim any coverage from your insurer. Which will in turn increase your chances of getting 'no-claims discount' at the time of renewal of your car insurance.
 
2. Security of your car:
By taking extra care towards security of your car you can reduce your premium. By security it is not just putting a thief alarm. When thinking about your car's security you need to look over factors like parking point, high security door and ignition locks, do not keep valuables inside the car.
 
3. Modifying car is expensive:
You definitely would like to own a Batman car. However, the extras looks may not only add to your car's beauty but also to your pocket. Modified cars bring home a higher car insurance bill.
 
4. Compare car insurance quote:
While you are hunting for the right car insurance policy that suits your pocket and need, as a thumb rule do not forget to take a comparative study of car insurance quotes available in the market. Different insurance companies may have same policy price, but they may not offer same benefits.